Cooper Corporation must evaluate two capital expenditure

Last updated: 4/12/2024

Cooper Corporation must evaluate two capital expenditure proposals Cooper s hurdle rate is 10 Data for the proposals follow Required investment Annual after tax cash inflows After tax cash inflows at the end of years 3 6 9 and 12 Life of project Proposal X Proposal Y 120 000 120 000 24 000 72 000 12 years 12 years What is the cash payback period for Proposal X For Proposal Y Hint For Proposal Y in what year 3 6 9 or 12 will the full original investment be recovered Round Proposal X answer to one decimal place if applicable Proposal X 0 years Proposal Y